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Ellison will move Paramount out of CA on 10/01 if the states don't settle
Posted on 8/11/26 at 8:24 am
Posted on 8/11/26 at 8:24 am
quote:
David Ellison is eager to reach a swift resolution in the antitrust case filed by 12 states seeking to block the Paramount-Warner Bros. Discovery merger. And he’s prepared start moving Paramount out of California as soon as October unless the state’s attorney general, Rob Bonta, agrees to settlement talks, Variety has confirmed.
Ellison told Paramount senior execs last week that he’s prepared to relocate Paramount (and Warner Bros., too, if the merger successfully closes) if Bonta does not agree to negotiate a settlement in the case, sources confirmed to Variety. Ellison said the company will begin the process of exiting California starting Oct. 1 in the event that such talks have not started, and he told his team the Paramount Skydance board has approved the move.
Bonta has not publicly said what concessions from Paramount-WBD he would consider acceptable enough to take the lawsuit off the table. But the Democratic attorney general has said any remedies would need to be “structural” (i.e., divestments) rather than “behavioral” (e.g., imposing certain production quotas). Variety has reached out to the California AG’s office for comment.
LINK
Posted on 8/11/26 at 8:29 am to RLDSC FAN
Looks like thousands of Democrat voters will be moving to a red or purple State.
Posted on 8/11/26 at 8:59 am to RLDSC FAN
I am convinced that Ellison can get these states off his back with one announcement - "Existing CNN leadership will remain in place and Bari Weiss will have no authority over CNN." I think David's boomer dad really screwed up when he promised Trump they'd make make Trump-friendly editorial changes.
From a business perspective, why wouldn't you throw Bari Weiss under the bus to get this deal done? Show me the data that proves she's some special talent and not a just a frumpy lesbian with some contrarian views who can't manage anything larger than a blog?
From a business perspective, why wouldn't you throw Bari Weiss under the bus to get this deal done? Show me the data that proves she's some special talent and not a just a frumpy lesbian with some contrarian views who can't manage anything larger than a blog?
Posted on 8/11/26 at 9:48 am to NWHoustonTiger
quote:
I am convinced that Ellison can get these states off his back with one announcement - "Existing CNN leadership will remain in place and Bari Weiss will have no authority over CNN." I think David's boomer dad really screwed up when he promised Trump they'd make make Trump-friendly editorial changes.
From a business perspective, why wouldn't you throw Bari Weiss under the bus to get this deal done? Show me the data that proves she's some special talent and not a just a frumpy lesbian with some contrarian views who can't manage anything larger than a blog?
The reason Paramount wouldn't do this is it's completely unnecessary. There is no legal reason to block this purchase. Ellison holds all the cards here because the states WILL lose if this goes to trial. Their only chance to get any concessions at all is to meet with Paramount to settle.
The other problem the states are going to run into is they can't come out in negotiations and say this is what they want. Would be a tacit admission that they believe CNN is on "their side." That would be worse than whatever future for CNN you seem to believe is going to happen with a Paramount takeover.
This post was edited on 8/11/26 at 1:22 pm
Posted on 8/11/26 at 9:50 am to RLDSC FAN
Time to beat these clowns at their own game
This post was edited on 8/11/26 at 9:52 am
Posted on 8/11/26 at 10:51 am to RLDSC FAN
CNN will have to be spun off. There's no way the Left can lose that megaphone.
Posted on 8/11/26 at 1:07 pm to imjustafatkid
quote:
There is no legal reason to block this purchase
seriously?
Posted on 8/11/26 at 1:21 pm to BigGreenTiger
quote:
seriously?
Yes. They have no leg to stand on legally, and will lose. The fact that the UK already approved the merger should make this obvious to you.
This post was edited on 8/11/26 at 1:28 pm
Posted on 8/11/26 at 2:49 pm to BigGreenTiger
quote:
seriously?
Let’s see your legal analysis
Posted on 8/11/26 at 2:55 pm to RLDSC FAN
liberals are the dumbest humans beings in this country. They are terrorists at this point.
Fire the democrats and leave them in Cali and hire republicans when you move to another state. Profit
quote:
Looks like thousands of Democrat voters will be moving to a red or purple State.
Fire the democrats and leave them in Cali and hire republicans when you move to another state. Profit
This post was edited on 8/11/26 at 3:22 pm
Posted on 8/11/26 at 3:17 pm to bird35
quote:
Looks like thousands of Democrat voters will be moving to a red or purple State.
That’s not how it works.
Studios don’t have thousands and thousands of employees anymore.
Paramount has fewer than 18,000 employees worldwide.
Posted on 8/11/26 at 9:21 pm to RLDSC FAN
quote:
Ellison will move Paramount out of CA on 10/01 if the states don't settle
For purely financial reasons that probably happens no matter what the legal outcome
It's become too much cheaper and easier to do business elsewhere
And California being a functional single party state makes errors in governance pretty rarely punished.
Posted on 8/12/26 at 4:48 pm to molsusports
Posted on 8/12/26 at 4:58 pm to RLDSC FAN
I'm not sure why Paramount would even want CNN. noone under 70 watches that channel
Posted on 8/12/26 at 8:50 pm to RLDSC FAN
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Directors guild penned a letter supporting the deal if they make some reasonable commitments about theatrical releases and streaming etc
Of course the state AGs won’t listen because this is all for show to cost paramount money. Wouldn’t be happening if it was Netflix
This post was edited on 8/12/26 at 9:56 pm
Posted on 8/13/26 at 12:07 am to imjustafatkid
quote:
There is no legal reason to block this purchase
The proposed merger, the largest in Hollywood history, would combine two of Hollywood’s five major film distributors and two of the five major basic cable channel owners.
You might not care, but there is a legal reason to block. Sell off some things and it shouldn’t be an issue legally. Of course this was never about being a legal transaction. I’ll stop there.
Posted on 8/13/26 at 3:46 am to Stamps74
Again you assert zero analysis except they’re both studios
Posted on 8/13/26 at 8:20 am to Stamps74
quote:
You might not care, but there is a legal reason to block.
No, there is no legal reason to block this merger. You are wrong. Paramount would win any legal challenges. The only reason for Paramount is settle is time and legal costs.
From a legal standpoint, there is no difference between Paramount purchasing WBD and Netflix purchasing WBD. "Two major studios" combining is meaningless language devoid of legal basis.
This post was edited on 8/13/26 at 8:24 am
Posted on 8/13/26 at 10:06 am to Proximo
The first point on the DGA IATSE list is dumb. Why merge if there is no savings there?
The last point about remaining to be based in Los Angeles is stupid too. The studios are supposed to bleed money and be held hostage?
DGA and IATSE are smart in wanting to get this settled quickly becuase uncertainity and a lengthly delay will result in the demise of both studios.
The last point about remaining to be based in Los Angeles is stupid too. The studios are supposed to bleed money and be held hostage?
DGA and IATSE are smart in wanting to get this settled quickly becuase uncertainity and a lengthly delay will result in the demise of both studios.
This post was edited on 8/13/26 at 10:08 am

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